Tangspalace: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Tangspalace
Largest movements
- Cash -€63,409
down €63,409 (-60.3%), from €105,220 to €41,811
mainly Net result for the year (-€49,789) and Other debts (-€19,337)
- Tangible fixed assets -€18,856
down €18,856 (-16.4%), from €114,672 to €95,816
of which Furniture and vehicles: -€9,982
- Stocks and contracts +€18,790
new in 2025: €18,790
- Profit (loss) carried forward -€49,789
down €49,789, from €46,206 to -€3,584
- Other debts -€19,337
down €19,337 (-15.9%), from €121,518 to €102,181
- Tax, wage and social debts +€5,907
up €5,907 (+49.7%), from €11,875 to €17,783
of which Remuneration and social security: +€4,376
- Staff costs +€78,405
up €78,405 (+60.0%), from €130,693 to €209,098
- Gross operating margin -€14,114
down €14,114 (-6.7%), from €211,352 to €197,238
- Taxes -€9,559
no longer reported in 2025 (was €9,559)
- Other operating charges +€6,529
up €6,529 (+370%), from €1,766 to €8,295
- Depreciation +€5,392
up €5,392 (+25.0%), from €21,536 to €26,928
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €222,333 | €158,858 | -€63,474 | -28.5% |
| Fixed assets | 21/28 | €114,672 | €95,816 | -€18,856 | -16.4% |
| Tangible fixed assets | 22/27 | €114,672 | €95,816 | -€18,856 | -16.4% |
| Land and buildings | 22 | - | €4,696 | +€4,696 | |
| Plant, machinery and equipment | 23 | €33,219 | €27,491 | -€5,728 | -17.2% |
| Furniture and vehicles | 24 | €25,940 | €15,958 | -€9,982 | -38.5% |
| Other tangible fixed assets | 26 | €55,513 | €47,671 | -€7,842 | -14.1% |
| Current assets | 29/58 | €107,660 | €63,042 | -€44,619 | -41.4% |
| Stocks and contracts in progress | 3 | - | €18,790 | +€18,790 | |
| Stocks | 30/36 | - | €18,790 | +€18,790 | |
| Amounts receivable within one year | 40/41 | €2,441 | €2,441 | = | 0.0% |
| Other amounts receivable | 41 | €2,441 | €2,441 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €105,220 | €41,811 | -€63,409 | -60.3% |
| Total equity and liabilities | 10/49 | €222,333 | €158,858 | -€63,474 | -28.5% |
| Equity | 10/15 | €49,206 | -€584 | -€49,789 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,206 | -€3,584 | -€49,789 | |
| Amounts payable | 17/49 | €173,127 | €159,442 | -€13,685 | -7.9% |
| Amounts payable within one year | 42/48 | €172,631 | €159,442 | -€13,188 | -7.6% |
| Trade debts | 44 | €39,237 | €39,478 | +€241 | +0.6% |
| Suppliers | 440/4 | €39,237 | €39,478 | +€241 | +0.6% |
| Taxes, remuneration and social security | 45 | €11,875 | €17,783 | +€5,907 | +49.7% |
| Taxes | 450/3 | €4,597 | €6,129 | +€1,532 | +33.3% |
| Remuneration and social security | 454/9 | €7,278 | €11,654 | +€4,376 | +60.1% |
| Other amounts payable | 47/48 | €121,518 | €102,181 | -€19,337 | -15.9% |
| Accrued charges and deferred income | 492/3 | €496 | - | -€496 | |
| Remuneration, social security and pensions | 62 | €130,693 | €209,098 | +€78,405 | +60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,536 | €26,928 | +€5,392 | +25.0% |
| Other operating charges | 640/8 | €1,766 | €8,295 | +€6,529 | +370% |
| Gross operating margin | 9900 | €211,352 | €197,238 | -€14,114 | -6.7% |
| Operating profit (loss) | 9901 | €57,357 | -€47,083 | -€104,440 | |
| Financial charges | 65/66B | €1,593 | €2,707 | +€1,114 | +70.0% |
| Recurring financial charges | 65 | €1,593 | €2,707 | +€1,114 | +70.0% |
| Profit (loss) for the period before taxes | 9903 | €55,765 | -€49,789 | -€105,554 | |
| Income taxes | 67/77 | €9,559 | - | -€9,559 | |
| Profit (loss) for the period | 9904 | €46,206 | -€49,789 | -€95,995 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,206 | -€49,789 | -€95,995 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.